A slew of 13F filings flooded the Street after the bell on Tuesday revealing the latest trades from some of Wall Street’s biggest whales including Warren Buffett, David Einhorn and Dan Loeb among others
Following you'll find where these whales are putting money to work and what the Fast traders find most noteworthy.
- New stakes in GM, Viacom
- Increased stakes in Wal-Mart, Wells Fargo, Bank of NY Mellon, DirecTV
- Decreased Stakes in Intel, Kraft Foods, P&G, Dollar General
Trader Takeaway: "I own GM," says Tim Seymour, "and it’s been a painful trade. But at 5 ½ times valuation I think it’s a great value. However, I also think they're looking at a 2-year turnaround."
"At $22 the current valuation in GM is interesting," adds Guy Adami. "It's an attractive risk reward. I think the risk to the downside is $20 but the upside potential is $28."